April 1 (UPI) -- Auto sales in the United States for the first quarter of 2019 indicate the worst downturn the market has seen in five years, industry monitor J.D. Power and Associates said Monday.
The firm said Americans bought nearly 17 million vehicles over the first three months -- the smallest number since the fourth quarter of 2014. Experts said several factors affected the trend, including a surge of new purchases in recent years and higher interest rates.